Spring is here, and it's the perfect time to discover fresh feelings of adventure.If you are willing to explore your need for speed, then RepoKar is the right place for you! RepoKar is a fun, high-octane online Public Auto Auction where you'r...
It's time to forget about those high cost of meeting new fuel economy standards and massive investments needed for autonomous vehicles, the biggest problem in the profitability of the automakers might be the buyers and their impatience.Less than 5% of new vehicles in U.S. in 2015 were built to customer order, which is so much lower than in Europe were about 50% of the vehicles were produced on customer orders. Did you know that for U.S. dealers it means thousands of dollars in extra floorplan expenses while for automakers it's a huge advertising and incentive costs for each unsold vehi...
It's not a surprise anymore that the buy-sell activity is reaching its top and may plateau this year after so many predictions. Even though it is expected to be a strong sales year, you can't deny it won't be significantly stronger than the last year, or even a bit worse as many think. The reason of such a change, may be first of all the unstable economy, that is pushing retailers to opt for stock buybacks over acquisitions and of course the potential costumers that finally realize they don't need luxury brands, or at least they don't need to pay those enormous bills f...
Memorial Day isn't just a holiday people like celebrating with family and friends by going on road trips or barbeques, it's an additional day for getting a new car. There are three major holidays when customers usually go to dealerships and make some car shopping, Memorial Day is one of them, the list also includes Labor Day and July 4th. If this Memorial Day goes well, as dealers and car makers plan than this May could be one of the strongest selling months of the year. If you plan on going to a dealership, or buy a car online you'd better be armed with research on what ...
If you're a high-school or college student you can't afford one of those luxury brands of cars you might want, and still a car stays a daily need for everyone. Here are some hints on what is a perfect car for a student. This list includes nine cars that college graduates might consider, it includes a Fiat 500X with a starting price of around $21.000, Honda Civic $19.400, Kia Soul $16.700, Scion iA $16.500 and Subaru Crosstrek $22.500. All of these prices are below $33.865 which is an average vehicle transaction price in April, the price is up 2% since April last year.&n...
Auto-auction business has been through a productive period last year. After four years of declines, came four years of increase. More than 9.3 million vehicles were sold in 2015 by National Auto Auction. The prices paid for the sold vehicles reach $90.6 billion in 2015, which is more than the previous record set in 2007 - %90.5 billion. National Auto Auction was offering 16,6 million vehicles to the auction members 55,9% of them got already sold. Even though the average price per vehicle increased from $9368 in 2014 to $9748 in 2015, the buyers didn't lose their interest in...
